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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,229,482 $ 1,353,747
Accounts receivable, net: Product and transportation 1,187,864 1,527,950
Crude oil resales 139,696 197,169
Total Accounts receivable, net 1,327,560 1,725,119
Inventories: Crude oil and refined products 2,412,431 2,645,724
Materials, supplies and other 275,249 276,107
Total inventories 2,687,680 2,921,831
Income taxes receivable 47,907 56,528
Prepayments and other 63,513 89,229
Total current assets 5,356,142 6,146,454
Properties, plants and equipment, at cost 10,814,724 10,533,432
Less: accumulated depreciation (4,271,458) (3,906,600)
Total properties, plants and equipment 6,543,266 6,626,832
Operating lease right-of-use assets 363,507 348,006
Other assets: Turnaround costs 701,795 644,957
Goodwill 2,977,842 2,977,744
Intangibles and other 945,109 972,272
Total other assets 4,624,746 4,594,973
Total assets 16,887,661 17,716,265
Current liabilities:    
Accounts payable 2,016,049 2,205,759
Income taxes payable 19,891 8,772
Operating lease liabilities 78,181 106,973
Current debt 350,000 0
Accrued liabilities 498,718 453,045
Total current liabilities 2,962,839 2,774,549
Long-term debt, net 2,286,805 2,739,083
Noncurrent operating lease liabilities 309,967 249,479
Deferred income taxes 1,239,463 1,297,130
Other long-term liabilities 418,177 418,726
Total liabilities 7,217,251 7,478,967
Commitments and Contingencies
HF Sinclair stockholders’ equity:    
Preferred stock, $1.00 par value – 5,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value – 320,000,000 shares authorized; 223,231,546 shares issued as of September 30, 2024 and December 31, 2023, respectively 2,232 2,232
Additional capital 6,001,233 5,993,661
Retained earnings 5,479,152 5,379,182
Accumulated other comprehensive loss (19,296) (11,784)
Common stock held in treasury, at cost – 35,079,683 and 23,235,599 shares as of September 30, 2024 and December 31, 2023, respectively (1,859,638) (1,194,201)
Total HF Sinclair stockholders’ equity 9,603,683 10,169,090
Noncontrolling interest 66,727 68,208
Total equity 9,670,410 10,237,298
Total liabilities and equity $ 16,887,661 $ 17,716,265